In a close vote on Thursday, the House approved a reduction of approximately $9.4 billion in previously authorized spending.

Interest-rate futures showed chances of three or more cuts this year at around 35% Thursday, up from about 29% Wednesday and 22% at the end of last week, according to CME Group. In focus this morning ...

The bill also codifies some of the cuts made by the Department of Government Efficiency (DOGE), which was led by Elon Musk.

Over 200 House Democrats voted against clawing back billions in funding for PBS, NPR and foreign aid Thursday afternoon — ...

The House narrowly voted Thursday to cut about $9.4 billion in spending already approved by Congress as President Donald Trump’s administration looks to follow through on work by the Department of ...

Trump’s second-term assault on all services provided by federal workers—along with their jobs and bargaining rights—has finally woken up more unions and veterans’ advocates to threats that have faced ...

The White House-proposed rescissions package targets previously appropriated funding for NPR, PBS, foreign aid and an HIV ...

Both men expect to get 100% of what they desire, and a complete coincidence of desires would have turned them into alter egos of each other.

The U.S. House voted Thursday on a rescission bill for foreign aid programs, along with two years of funding for the ...

The Trump administration proposed $9.4 billion in congressional budget rescissions in May, asserting that they would benefit taxpayers.

Representative Chellie Pingree is pushing back on a proposal to cut more than $1 billion in funding for public television and radio.